If you compare the increase in value of investment property in Cooktown, 4895 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 11.21%.
Over the longer term, Cooktown has seen property prices show investors a 10.19% return over the last 3 years. This is an improvement over the last 12 months
Cooktown4895 is located in QLD which offers an average discount of -7.23% to property investors. Cooktown itself is showing figures that indicate -11.20% is the average achievable by property buyers investing in the suburb.
Cooktown is 189th on a list of best yielding suburbs for rents in QLD with a 5.33% return